Economic Statistics for 6 Jul 12

The Monster Employment Index rose 6 points to 153, as online recruiting picked up in June.

The Employment Situation for June is dismal for the 3rd month in a row. Total non-farm payrolls increased by 80,000. The unemployment rate is unchanged at 8.2%. Hourly earnings increased by 0.3%, while Weekly hours increased by 0.1 hours to 34.5 hours. Private payrolls increased by 84,000. The U-6 unemployment rate, the broadest measure of unemployment/underemployment, rose 0.1% to 14.9%. The labor force participation rate and the employment/population ratio are both unchanged at 63.8% and 58.6%, respectively. Both are the lowest since 1983.